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Stock impact report

Legacy Sponge-on-a-String Esophageal Cell Collection Device Subject of Class II FDA Recall [Yahoo! Finance]

Lucid Diagnostics Inc. (LUCD) 
Company Research Source: Yahoo! Finance
collection NEW YORK May 9, 2024 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company, and majority-owned subsidiary of PAVmed Inc. (Nasdaq: PAVM, PAVMZ) ("PAVmed"), announced that the legacy EsophaCap sponge-on-a-string (SOS) esophageal cell collection device, which it briefly supplied to third-party institutions for their own research studies, has been subjected to a Class II FDA recall due to two serious device failures reported in a recent publication of one of these studies. EsophaCap is not a commercial Lucid product. "Approximately 16,000 Americans tragically die each year from highly-lethal esophageal cancer. Professional society guidelines now recommend non-endoscopic biomarker testing to detect early esophageal precancer and prevent cancer," said Lishan Aklog , M.D. , Lucid's Chairman and Chief Executive Officer. "Brillo pad-like sponge-on-a-string (SOS) devices, first introduce Show less Read more
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